2012 Missouri Revised Statutes
TITLE XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY
Chapter 447 Lost and Unclaimed Property
Section 447.535 All other intangible property presumed abandoned, when.


MO Rev Stat § 447.535 (2012) What's This?

All other intangible property presumed abandoned, when.

447.535. All intangible personal property, not otherwise covered by sections 447.500 to 447.595, including any income or increment thereon, and deducting any lawful charges, that is held or owing in this state in the ordinary course of the holder's business and has remained unclaimed by the owner for more than seven years or five years as provided in section 447.536 after it became payable or distributable is presumed abandoned. Intangible personal property where the property is held in a jurisdiction in which the abandonment presumption is less than seven years or five years as provided in section 447.536 shall be accepted by the state of Missouri.

(L. 1984 H.B. 1088 9, A.L. 1986 H.B. 1547, A.L. 1994 S.B. 757, A.L. 1998 H.B. 1510)

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